Mtg purchase apps, Distillates, Goldman, Investment, C & I non performing loans, Baltic dry index

No bounce this week for purchase apps:

Goldman Sachs Abandons Five of Six ‘Top Trade’ Calls for 2016

By Rachel Evans and Andrea Wong

Feb 9 (Bloomberg) — Goldman Sachs to clients: whoops. Just six weeks into 2016, the New York-based bank has abandoned five of six recommended top trades for the year.

The dollar versus a basket of euro and yen; yields on Italian bonds versus their German counterparts; U.S. inflation
expectations: Goldman Sachs Group Inc. was wrong on all that and more.